Chu Kong Pipe's Interim Profit Drops 74% as Revenue Slumps
Stock News
Aug 28
Chu Kong Pipe (01938) has announced its financial results for the six months ended June 30, 2026, revealing a significant downturn in both revenue and profitability.
The group recorded revenue of 612 million RMB during the period, marking a substantial decline of 55.97% compared to the previous year.
Net profit attributable to shareholders of the company stood at 44.157 million RMB, representing a sharp decrease of 74.29% year-on-year.
Basic earnings per share were reported at 0.04 RMB for the interim period.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.